This lesson is part of the ShaFX Academy structured learning system. Educational only — no profit promises, no signal services, no financial advice.
What's worth your attention
A handful of releases consistently move FX: NFP and CPI for the dollar, ECB and Fed decisions, key PMIs, and major employment surprises. Most other prints are noise unless they meaningfully revise growth or inflation expectations.
How to filter
Group prints by (a) what they tell us about growth, (b) what they tell us about inflation, (c) what they imply for policy. If a print doesn't touch (c), it usually doesn't move FX much beyond the algo reaction.
Trading the calendar safely
If you trade events, define your risk before the print, accept slippage as a cost, and never average a losing event trade. Most traders are better off sitting on their hands during high-impact releases.